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Technicals for Syngene International Limited
By MusingTheNews
2026-02-03 20:57
Overall Technical outlook
Price Summary
In today's trading, Syngene International Limited's stock tumbled by -6.81%, showcasing an mediocre market day. Syngene International Limited's stock opened at 512.95 on 2026-02-03, surged to 512.95, hit a low of 474.55, and closed up -6.81% at 478.0, with 1991386 shares traded. The stock's highest price in the past 52 weeks is 749.15, while its lowest price during the same period is 467.75. As per recommendations from 8 analysts, SYNGENE's future price is expected to span between 550.0 and 835.0, with a mean price around 694.375.
Technicals
Aroon: The AROON is in a neutral stance for SYNGENE, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Aroon chart for Syngene International Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for Syngene International Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, setting a significant resistance level. This resistance could limit upward momentum, indicating that the market may struggle to overcome this bearish pressure in the near term. Parabolic Stop and Reverse chart for Syngene International Limited
Stochastic: With the K-line above the D-line and under 20 on the stochastic indicator, a bullish move is often anticipated. This setup indicates that the market could be transitioning from a lower level, potentially leading to an upward trend. Investors might consider this an early signal to position for growth. Stochastic chart for Syngene International Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the potential for a reversal is hinted at by the slopes of the shorter-term averages. These faster-moving averages show signs of weakening momentum, indicating that while the overall trend is still upward, a reversal could be approaching. Tripple SMA chart for Syngene International Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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